1941 West Balmoral, Chicago IL 60640
- Units 4
- Total Beds 9
- Total Baths 5
- Taxes $12,114.43
- Payment Estimate View Mortgage Calculator
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Property Description
Rare legal 4-unit opportunity in Andersonville/Bowmanville. This neighborhood is not only one of the COOLEST in the United States, but also in the world according to TimeOut. Renovated in 2014, the property features (4) beautifully updated units, including (3) 2-bed /1-bath apartments, (1) 3-bed / 2-bath duplex-down apartment, and (1) additional fifth non-conforming 1-bed / bath garden apartment. Each unit boasts modern kitchens with granite countertops, stainless steel appliances, and separate furnaces. Additional capital improvements include a new porch (Sept. 2024), tuckpointing, and building owned laundry. With a total in-place rental income of 103,260/year (8,605/month), this property offers both immediate returns and potential for growth by adding central AC and/or in-unit laundry. The building sits on the corner of a quiet tree-lined street with single family homes, well-manicured lawns, community gardens and green space. You will always find something to do in this neighborhood. Walk out your door and you can try some of Chicago's best local brews at Half Acre and Spiteful Brewery. Clark Street's fabled "restaurant strip" is a short walk away with Hopleaf Bar, epic brunch spot m. henry and some of the city's best comfort food at Big Jones. Don't miss out on this exceptional investment or live-in opportunity in a thriving Chicago community!
Features & Information
Key Details
- List Price $1,050,000
- Property Taxes $12,114.43
- Price/ Sq. Ft. Unavailable
- Year Built 1908
- Parking Type None
- Status Contingent
Rooms
- Total Rooms 18
- Basement F
Exterior Features
-
Parking
- Parking Details None
- # of Cars: 0
Building Information
- Number of Units 4
- Age of Building 100+ Years
- Exterior Construction Brick
- Heating & Cooling Gas, Forced Air
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Units
- Unit 1 Stove, Refrigerator, Dishwasher, Microwave, Window Air Conditioner
- Unit 2 Stove, Refrigerator, Dishwasher, Microwave, Window Air Conditioner
- Unit 3 Stove, Refrigerator, Dishwasher, Microwave, Window Air Conditioner
- Unit 4 Stove, Refrigerator, Dishwasher, Microwave, Window Air Conditioner
Location
- County Cook
- Township Lake View
- Corporate Limits Chicago
- Directions to Property From Foster, North On Damen, East On Balmoral To Property
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Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
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Property Taxes
- Tax 12114.43
- Tax Year 2023
- Tax Exemptions None
- Parcel Identification Number 14072100120000
Utilities
- Sewer Sewer-Publ
Listed by Harrison Cohen for Triton Realty Group LLC | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 12/21/2024 12:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Bowmanville
The area wedged between Lincoln Square, Ravenswood, and Andersonville is considered something of a suburban oasis in the city. It is a small neighborhood that most Chicagoans probably wouldn't recognize by name, but despite its size, Bowmanville offers many of the advantages of larger neighborhoods without a lot of the headaches. This tiny, north side Chicago community is located close to shopping and nightlife, but offers a more tranquil locale with distinctive single-family homes and private outdoor space. Trees and grass abound in Bowmanville, providing plenty of green appeal right in your own front yard. Out on Bowmanville's border Avenues are sufficient restaurants, coffee houses and neighborhood pubs to entertainment without disturbing the peacefulness of this lovely, little Chicago enclave.
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